The music industry has been rocked by a bombshell audit report released by HYBE, alleging serious formal accusations against ADOR CEO, Min Hee Jin. The interim report, detailing findings from an extensive audit, has brought forth startling revelations, implicating Min Hee Jin in a plan to usurp management control of ADOR.
HYBE, home to renowned labels such as Big Hit Music, Source Music, and Pledis Entertainment, initiated the audit after detecting ADOR’s alleged attempts to gain independence. According to the report, digital evidence unearthed during the audit revealed ADOR’s plans to seek external investors, initiate legal action against HYBE, and potentially force ADOR into bankruptcy to take over the company. The audit report claims that Min Hee Jin played a central role in orchestrating these plans, leading HYBE to formally accuse her of ‘breach of trust.’
Min Hee Jin, widely known as the ‘mother’ of NewJeans, assumed leadership of the group in 2019. Prior to ADOR’s establishment, NewJeans trainees were part of Source Music. Min Hee Jin’s desire to spearhead her own agency led to the creation of ADOR, and she subsequently transferred the NewJeans trainees to her new venture.
The confrontation between HYBE and ADOR has escalated further with ADOR’s accusations that HYBE has plagiarized NewJeans’ concept. This escalating conflict between two major players in the K-pop industry has sent shockwaves through the global entertainment scene, leaving music enthusiasts eagerly awaiting further developments in this unfolding saga.
